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Leicesters Westbridge One Still On

July hasn't been a good month for Ian Simpson Architects but things are not entirely negative for the prolific firm.

Although their shard-like plans for Criterion Place in Leeds have been junked and the twin towers of Lumiere for the same city put on hold, things are moving along the Westbridge One in Leicester.

This is a series of three towers planned by the Westbridge Living that the development takes its name after with twin residential towers of 26 and 29 floors containing 354 apartments between them.

A further mixed use 39 storey hotel tower with 176 apartments and 200 hotel rooms is planned on the same strip and unlike its shorter brothers, it is notable for midlevel triple height transparent skybar and similarly clad crown.

Driving the development of the buildings, once archaeological works on the site which was possibly used by the Romans is complete, is an under supply of apartments for the city centre of Leicester.

Whilst other large English cities have seen the past few years beckon in numerous apartment blocks, often flooding them to the point that in Leeds case up to 50% of residential units in developments are empty, Leicester has had little of this and demand still outstrips supply by far. It makes the project more attractive to financiers too.

The credit crunch has made investors more discerning - no longer will they pump their money into anything tall with a big name architect and an ambitious developer. It seems these days with tighter purse strings they are looking for better investments, a big factor in why Westbridge Living has managed to secure funding.

Assuming the historians don't dig up anything of major archaeological importance, construction could begin by the end of 2008.

Article Related buildings:

Westbridge Hotel Tower

Westbridge Hotel Tower
No 1 Westbridge Building 1

No 1 Westbridge Building 1
No 1 Westbridge Building 2

No 1 Westbridge Building 2
Westbridge development, Leicester
Westbridge development, Leicester